The Naira on Tuesday appreciated to N360 to the dollar at the investors’ window, after depreciating for five consecutive days, according to reports. The Nigerian currency gained 54kobo to exchange at N360, stronger than N360.54 traded on Monday, while it was sold at N305.7 to the dollar at the CBN window.

The Nigerian Ports Authority (NPA) ON Friday said thirty-five ships carrying petroleum products, food items and other goods are expected to arrive at the Apapa and Tin Can Island ports in Lagos from Thursday to May 6. According to NAN, the Nigerian Ports Authority (NPA) stated this in its publication, `Shipping Position,’ a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos on Thursday.

The Nigeria Customs Service on Monday said it has impounded 24 vehicles from smugglers at the Idiroko border area within two weeks. The Outgoing Comptroller, Ogun state Area Command, Sani Madugu stated this at the Idiroko border office of the command while handing over to the new acting Controller, Michael Agbara.

The Minister of Finance, Kemi Adeosun on Friday assured the International Monetary Fund (IMF) that Nigeria's debt levels was under control despite earlier warnings that debt levels in African economies were rising. The Finance Minister, who stated this on Friday while speaking to newsmen on the sideline of the G20 Finance Ministers and Central Bank Governors meetings at the ongoing 2018 IMF and World Bank meetings in Washington DC, assured that Nigerians had nothing to worry about.

South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business in Lagos later this year. South Africa’s Rand Merchant Bank, Renaissance Capital and Vetiva Capital were picked as joint issuers. The telecoms firm also appointed seven placement agents that would help market the offering, the sources said.

The President of the World Bank, Jim Yong Kim has identified three key areas that African leaders must channel efforts toward improving, in order to address the issues of underdevelopment, poverty and unemployment. Jim who stated this on Thursday while addressing newsmen at the World Bank Group/International Monetary Fund 2018 Spring Meetings,

Gold prices inched lower on Friday and were headed for the first weekly decline in three weeks as expectations of higher U.S. interest rates and easing political tensions on the Korean Peninsula and Syria weighed on demand for the safe-haven metal. Spot gold was down 0.1 percent at $1,344.10 an ounce at 0650 GMT, while U.S. gold futures fell 0.2 percent to $1,346.30 per ounce. Spot gold fell 0.2 percent on the week.

A total of 17,193 point of sales terminals were registered by banks for cashless transactions across the country in the first three months of the year. This brings the total number of registered PoS terminals in the country to 199,999 as of the end of March 2018, industry statistics from the Nigeria Inter-Bank Settlement Scheme have shown.

The Nigerian government will be hosting the 61st Meeting of the United Nations World Tourism Organization (UNWTO)/Commission for Africa (CAF) in Abuja from 4-6 June 2018. The Minister of Information and Culture, Mr. Lai Mohammed made this known while speaking at the African drum festival in Abeokuta, Ogun state capital on Thursday.

The Federal Government has offered for subscription by auction N90 billion worth of bonds in its April 25 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website in Abuja, stated that it would sell N30 billion of a five-year new issue maturing in April 2023 at an undisclosed rate.